Plan Your Path on the Founder’s Journey
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Perry S. Kaufman
Throughout Perry’s 40 year public accounting career he has been a strategic advisor to founder-led companies. He has now established PSK Consulting to focus on the predictable challenges founders face on their journey. As an entrepreneur himself, he has a unique combination of professional and personal knowledge that he’ll share with founders of all types as they approach the most delicate stage of their company’s development.
Perry’s experience has taught him that “successful founders are driven people with expertise in their industry or field, and their path to success has very predictable stages.” These are:
Stage 1: Start-up
Stage 2: Proving that the business model is viable
Stage 3: Scaling the business model – The Fork In the Road
Stage 4: Where Perry can help
Perry has learned that Stage 3 is where most founders feel some level of turbulence. For a variety of reasons, success does not always continue. Simply stated, their mindset, skill-set and vision which has achieved great success to date is NOT what the business needs at the moment to go further.
PSK Consulting
PSK Consulting is dedicated to helping founders navigate the challenges they encounter, especially during the pivotal Fork in the Road. Common issues include:
- Increased pace of change in the business world
- Partner/team misalignment
- Leadership skill gaps
- Health concerns and family dynamics
- Effective succession planning
Research highlights the importance of these issues, revealing that approximately 70% of family-owned businesses fail to transition successfully to the second generation, and only 39% of privately-held businesses have a formal succession plan.
Top 10 Issues Founders Frequently Face at the Fork in the Road
- Increased Pace of Change in the Business World
- Level of Risk Tolerance
- Partner Aversion
- Partner/Team Misalignment
- Increased need for Leadership Skills
- Increased need for Capital
- Family Dynamics
- Pros and Cons of Perfectionism
- Health Concerns
- Succession
How Do You Know If Your Business Model Is Viable?
Business founders have fueled American innovation since Edison and Ford. In the 21st century, rapid changes and consumer expectations for constant new products challenge traditional models. Does your business have staying power? Can you compete effectively?
I’ve created ten questions to help you assess your situation. Take this five-minute assessment, and I’ll email you insights based on your answers.
Reach out to Perry S. Kaufman to Help Scale Your Business Model
Ready to navigate the challenges of scaling your founder-led business? Connect with Perry S. Kaufman for personalized strategic advice tailored to your unique journey. Whether you’re facing pivotal decisions or seeking guidance on succession planning, Perry is here to help you succeed.
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